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AT&T Earnings: WarnerMedia Revenue Rises 30% in Quarter of Ad-Supported HBO Max Launch

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Yahoo Finance. AT&T actually reported adjusted EPS of 89 cents on $44 billion in revenue.That adjusted earnings number was up 7.2% and revenue up 7.6% from the second quarter of 2020, when COVID-19 had a greater impact on business.HBO and HBO Max added a combined 2.8 million subscribers in Q2, bringing the U.S.

sum to 47. Globally, the tally is now 67.5 million. WarnerMedia now expects between 70 and 73 million global HBO/HBO Max subscribers by the end of 2021.WarnerMedia’s direct-to-consumer subscription revenue was up 38.5% from the comparable quarter last year.

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